[CRITICAL] Secure Your Spot in the 2020 American Cannabis Summit with Special Guest Joe Montana.
Pick up any product on your desk right now – a stapler, a pen, even your keyboard – and it probably says those three little words, “made in China.”
As the second-largest economy in the world, China produces over $25 trillion in products a year.
But the country’s economic growth has hit a major roadblock – the coronavirus.
This pneumonia-like virus has already killed over 2,000 and infected 75,000 people worldwide, and its epicenter is home to one of the world’s largest economies.
As the coronavirus continues its rapid spread through China, revenues will suffer. Which, in turn, could pull stocks in world markets down drastically.
In fact, it already has…
On Monday, Apple Inc. (NASDAQ: AAPL) announced that it expects revenues to suffer this coming quarter – news that caused the stock to open a full 3% lower Tuesday morning.
AAPL is just the beginning. Revenues across multiple industries are about to feel the effects of the coronavirus.
While stocks around the world fall, this is the only way to protect yourself – and your portfolio…
Seven Stocks to Save Your Portfolio from the Coronavirus
China is the biggest importer of oil and gas in the world. As a result, one of the coronavirus’s hardest-hit industries is oil and energy.
Oil prices are already down 18% from their high of the year, and those companies that have already dropped the hardest are likely to keep going. Here are a few that have dropped the most over the past month:
Cimarex Energy Co. (NYSE: XEC) -25.75%
Marathon Oil Corp. (NYSE: MRO) -19.88%
Apache Corp. (NYSE: APA) -18.55%
You see, the coronavirus is limiting travel to and from, as well as within the country – effectively pulling down oil and energy stocks.
But when travel is limited, oil and energy isn’t the only group that gets hit. Unsurprisingly, one of the biggest sectors getting hurt the most right now is travel – particularly, cruise ship and airline companies.
American Airlines Inc. (NYSE: AAL), for example, has been in a sharp decline since January 8, 2020 and is currently trading below its 50-day and 200-day moving averages. And these cruise lines have had a rough start to the year as well…
Carnival Corp (NYSE: CCL) -15.16%
Royal Caribbean Cruises Ltd. (NYSE: RCL) -14.89%
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) -9.40%
Stocks are dropping – that much is clear. And the coronavirus is spreading further and wider every day, threatening to reverse the current bull market with the most volatility we’ve seen since all year.
But I’m not here to scare you. Because really, a dropping stock isn’t scary – it’s an opportunity to profit. Here are two ways to profit on a bearish stock:
- Short Stock
Shorting is selling the stock first and buying it back hopefully at a lower price, reversing the buy/sell paradigm. But this requires margin and can be expensive.
- Buy Puts
The better option here is puts. Put options offer leverage, higher returns, and lower risk. Consider buying 60-90 day Out-Of-The-Money (OTM) puts. For example, you can buy a CCL April 17, 2020 $40 Put for $1.60, a total $160 investment.
With just a small move to the downside, this put will double your money.
Now, the broader stock market may be falling. But one market in particular is hitting its stride – cannabis.
Pay Attention to These 3 Things Before Investing in Cannabis
I’ve been an investor in the cannabis space for years. In fact, I was one of the early investors… and I’ve made BIG money since then. But all too often, I see investors missing out on opportunities that could double… triple… even quadruple their money.
Now, in a special, limited-space event, I’m teaming up with legendary quarterback Joe Montana to reveal the three things you need to know BEFORE you invest a single penny in cannabis.
Get on the list to join us right here. And hurry – with the secrets Joe and my team are planning to reveal, I expect spots to go FAST.
Good trading,
Tom Gentile
America’s #1 Pattern Trader
